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An update from Watts International Maritime Engineering Ltd. ( (HK:2258) ) is now available.
Watts International Maritime Engineering Ltd. has announced the renewal of its Master Construction Services Agreement with Watts Gallop, effective from January 1, 2026, to December 31, 2028. This agreement allows Watts International to continue providing engineering construction services to Watts Gallop Group, with pricing determined by expected gross profit margins compared to recent similar projects. The agreement’s execution is contingent upon approval by independent shareholders, highlighting the company’s ongoing commitment to maintaining competitive service terms.
The most recent analyst rating on (HK:2258) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Watts International Maritime Engineering Ltd. stock, see the HK:2258 Stock Forecast page.
More about Watts International Maritime Engineering Ltd.
Watts International Maritime Engineering Ltd. is a company incorporated in the Cayman Islands, focusing on providing engineering construction services. The company’s primary services include marine engineering construction, municipal public engineering construction, and soil remediation engineering services.
Average Trading Volume: 218,715
Technical Sentiment Signal: Buy
Current Market Cap: HK$185.1M
For detailed information about 2258 stock, go to TipRanks’ Stock Analysis page.